From Our Blog

Homeowners who short sold their homes before 2014 ended, will benefit from the debt relief being extended. This means if you bought a home back in 2005 for $400k, but short sold it in 2014 for $250k, the $150k difference will not be considered income for your taxes. http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation-

Good news, the Senate Finance Committee has extended the debt relief act retroactively so anyone who short sold their home in the last year will still receive the tax break. We just need the HOUSE and the SENATE to pass this bill. The relief expired at the end of 2013 so anyone short selling their […]

Awhile back a client of mine bought a home where some additions were made to the home. However, being a foreclosure, the seller (the bank) claimed they knew nothing. So I made my way down to the building department of Las Vegas to do some research. I was able to find the original blueprints of […]